Buying Your Way into Jersey City Luxury Apartments

Buying Luxury Apartments in Jersey City via the EB-5 Program The United States of America is globally viewed as the land of opportunity, which is why so many families from outside the country flock to our borders. They are searching for a better way of life than their current country can provide.

Let’s start by being very clear that the EB-5 program is a great opportunity for foreign investors to get involved with US businessmen. It should not, however, be a springboard to getting residency in the US. Just because you have money, doesn’t mean that you should be able to buy your way into the country.

When Nicole Kushner Meyer went to China last month looking for investors to buy into her brother’s new luxury apartments in Jersey City, it was no accident that she name dropped. Then to publish an apology claiming that was not your intention to obtain additional investors…look, everyone knows the game. Say what you have to say to get the job done, then apologize later. Either way, the EB-5 program should be eliminated.

I know plenty of people who have struggled through the immigration process, and eventually have the opportunity to raise their right hand to be sworn in as a citizen of the United States. To give the wealthy anything more is just a double standard. It’s the same double standard we see time and time again when a professional athlete or public figure gets less than the same punishment that your average Joe gets for whatever crime it is he/she has committed.

If you want to become a U.S. Citizen, do it the right way. Take your $500,000, start your paperwork, find one of the many 2 bedroom apartments for rent to house your family, get a job/start your own business, and become a productive member of society.

If you want to invest money into the luxury apartments in Jersey City at One Journal Square, by all means go ahead. And, while you are waiting for the complex to be finished, you can live a few blocks away at The One Jersey City so you can keep an eye on the progress of construction.

 

Foreigners Invest in Jersey City Luxury Apartments and Get a Green Card

When it comes to immigration law in the United States, President Donald Trump seems to want to keep anyone of a foreign nationality outside of the country. Luxury apartments in Jersey City are not for foreigners, even if they have the funds to pay the monthly rent. Trump wants to keep certain nationalities from entering the country, but it seems a recent tactic by someone associated with the Trump family has other plans.

Nicole Kushner Meyer is the sister of Jared Kushner, the son-in-law of Trump. Meyer was in China earlier in May to urge citizens of the country to invest in a program for New Jersey that is currently being managed by the family’s real estate company. Meyer basically wants big investments from Chinese nationals, and will be providing a green card of sorts to those who invest.

Known as the EB-5 investor program, foreigners are allowed to push past the long immigration process in return for an investment of $500,000 in properties located in the United States. The program is offered only to the wealthy so they can live in the United States without having to go through the complicated process of immigration.

The investor program was actually extended one day before the trip to China by Meyer after Trump signed the bill into law. Trump is a strong supporter of restricting immigration policies so it seems odd he would continue this program, especially signing the bill right before Meyer’s trip. In the pitch by Meyer, investors were encouraged to put their money into a luxury apartment building similar to The One Jersey City. By helping with the creation of two bedroom apartments for rent, the investors would be given resident status.

This seems a little backward and unfair, especially considering the strict regulations Trump wishes to see in place in regards to immigration.